A report by the Centre for Democratic Development (CDD-Ghana) has revealed that securing victory in both presidential and parliamentary elections in Ghana requires an estimated amount of $150 million, along with an additional GH¢10 million.

The report highlights the growing monetisation of democracy in the country and its detrimental impact on the fight against corruption and the promotion of accountability.

According to myjoyonline.com, Kojo Asante, Director of Programs at CDD-Ghana, made these remarks during a recent presentation before the Constitutional Review Committee. "We must begin electing leaders with integrity and orienting them towards the public interest, as this focus on public welfare also drives development," he stated. "There must be clear provisions for disqualifying candidates who breach regulations, as well as mandatory asset declarations for those running for office.

We also need to address the oversight of political parties themselves, which ultimately falls under the Electoral Commission," he added.